{"@context":"https://schema.org","@type":"DefinedTerm","name":"Carriage and Insurance Paid to (CIP)","description":"Exporters and freight forwarders turn to CIP (Carriage and Insurance Paid to) when they need to provide the buyer with both prepaid freight and a guaranteed minimum insurance cover to the named destination. Risk transfers to the buyer at the moment the goods are handed to the first carrier at the place of dispatch—yet the seller remains liable for freight charges and the insurance premium throughout. CIP differs from CPT (Carriage Paid To) solely by this insurance obligation: under Incoterms 202","inDefinedTermSet":{"@type":"DefinedTermSet","name":"Frachtportal Logistics Glossary","url":"https://www.freight-academy.com/en/glossary"},"url":"https://www.freight-academy.com/en/glossary/carriage-and-insurance-paid-to-cip","inLanguage":"en","dateModified":"2026-06-26T15:19:40.161909","citation":"https://iccwbo.org/business-solutions/incoterms-rules/","markdownMirror":"https://www.freight-academy.com/api/md/glossary/en/carriage-and-insurance-paid-to-cip","provider":{"@type":"Organization","name":"Frachtportal","url":"https://www.freight-academy.com"},"quickSummary":"Carriage and Insurance Paid to (CIP) · Exporters and freight forwarders turn to CIP (Carriage and Insurance Paid to) when they need to provide the buyer with both prepaid freight and a guaranteed minimum insurance cover to the named destination. · Quelle: https://iccwbo.org/business-solutions/incoterms-rules/"}